LAST CALL for pre 82 copper cents.
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  1. #1
    us
    Feb 2012
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    Coin roll hunting

    LAST CALL for pre '82 copper cents.

    In my liquidation of my collection & silver stacks will be my disposal of nearly $200 of hoarded copper cents ('59-'81). I'm trying to find someone locally to buy them for copper investment purposes, but no one as yet. If anyone knows of any takers let me know., current coinflation for a single copper cent is about $.0177/each. Just wish that my local scrap metal yard would take them in as COPPER, but as it is, it's still against the law to melt copper cents. All else fails, I'll be flooding the local market with a he** of a lot of copper cents.
    Your comments........DozerD

  2. #2
    Charter Member
    us
    Dec 2008
    St. Augustine, FL
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    Worst hedge I ever made. Sat on bricks of copper for decades. I was able to sell them via Craigslist about a month ago. I think the negotiated price was 1.4 cents/each. What a waste of space and time.

  3. #3
    us
    Jul 2011
    Gold canyon AZ
    722
    946 times
    Cache Hunting
    Quote Originally Posted by Dozer D View Post
    In my liquidation of my collection & silver stacks will be my disposal of nearly $200 of hoarded copper cents ('59-'81). I'm trying to find someone locally to buy them for copper investment purposes, but no one as yet. If anyone knows of any takers let me know., current coinflation for a single copper cent is about $.0177/each. Just wish that my local scrap metal yard would take them in as COPPER, but as it is, it's still against the law to melt copper cents. All else fails, I'll be flooding the local market with a he** of a lot of copper cents.
    Your comments........DozerD
    I forgot to close my blast furnace door once, coincidently, it was the same time that I forgot to remove my penny collection from inside the furnace, must have been alzhiemers or something,
    Some books are dangerous, not to be opened with impunity.
    Not everything that can be counted, counts
    Not everything that counts, can be counted

  4. #4
    Charter Member
    us
    "A smooth sea never made a skilled sailor"

    Apr 2019
    The Treasure Coast
    Yukon Coin Hustler II, Equinox 800 and Excalibur II
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    Bury them in your backyard and forget about them.
    A2coins, Blak bart, Simon1 and 1 others like this.

  5. #5
    us
    Oct 2011
    366
    327 times
    Coin Roll Hunting
    Diver thatís pretty awesome at 1.4x with no fees. Thatís better than youíd do on eBay. Iíve got about $1k worth in my basement that Iíve started dumping because I canít sell them
    A2coins likes this.

  6. #6
    us
    Feb 2012
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    Coin roll hunting
    Quote Originally Posted by Uncleslick18 View Post
    Diver thatís pretty awesome at 1.4x with no fees. Thatís better than youíd do on eBay. Iíve got about $1k worth in my basement that Iíve started dumping because I canít sell them
    Thank goodness it's concrete ,otherwise you'd be replacing floor joist beams. What would a $1000 in copper cents weigh out at? 651 lbs per coinflation.

  7. #7

    May 2017
    Garrett AT Pro
    312
    271 times
    Metal Detecting
    I know a local dealer who buys copper cents at 1.1 x face. He fills ammo cans and stores them in a shipping container like they load into railroad cars. His goal is to hoard 1 million cents ($10,000 worth). He’s been at it for many years. I think he’s pretty far along towards his goal. It’s kind of a prank on his kids as he is willing the whole hoard to his them when he dies, lol. I wonder how many are Wheats. He doesn't search them, but likely the people he buys them from are collectors and have already searched them!
    Bodkin and A2coins like this.

  8. #8
    Charter Member
    us
    Dec 2008
    St. Augustine, FL
    4,076
    1589 times
    Quote Originally Posted by Uncleslick18 View Post
    Diver that’s pretty awesome at 1.4x with no fees. That’s better than you’d do on eBay. I’ve got about $1k worth in my basement that I’ve started dumping because I can’t sell them
    If I remember at the time coinflation had them at 1.8/each. So I posted on CL for 1.6. This guy offered 1.2, and I told him it wasn't worth the hassle to meet a stranger and that I was just going to take them to the bank at the end of the month. (They were all rolled and in the boxes - hence bricks.) He came back a week later with 1.3. I told him at 1.4 they are his otherwise he can buy them on eBay and worry about busted packages or search for them himself. We met the next day, and I've never been happier to rid myself.

    My best deal that I ever worked was my common wheats (40's/50's). Some guy in Chicago wanted them bad. I had about 42,000 from 30 years of searching. He bought them for 9 cents/each. That was 2 years ago.

  9. #9
    us
    Oct 2011
    366
    327 times
    Coin Roll Hunting
    Wow thatís pretty crazy. Diver if your contact wants more at 1.4 ea, I know someone who has $1000 worth to sell
    port ewen ace and A2coins like this.

  10. #10
    us
    ebay "ulster-relic"

    Dec 2012
    port ewen ny
    AT-PRO
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    whudd aboot ERRORS--- just one CUD would yield 2,000X face
    a clip at 300X face, an O/C at 200X, nice greaser at 500X, LAM at 300X, ----- 1.2 would then be a good deal for the plain janes

    some cents are worth money.... which is just as good as cash
    PetesPockets55 and A2coins like this.

  11. #11
    us
    Feb 2012
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    Coin roll hunting
    Same question as coppers, but I'm now going to return to the wild all my 2009-P&D DIMES, except I will keep the very best looking ones BU's to make only a complete roll of each. Should I keep or DUMP them?
    A2coins likes this.

  12. #12
    us
    Jul 2011
    Gold canyon AZ
    722
    946 times
    Cache Hunting
    Quote Originally Posted by Uncleslick18 View Post
    Diver thatís pretty awesome at 1.4x with no fees. Thatís better than youíd do on eBay. Iíve got about $1k worth in my basement that Iíve started dumping because I canít sell them
    Can you donate them for a tax writeoff?
    A2coins likes this.
    Some books are dangerous, not to be opened with impunity.
    Not everything that can be counted, counts
    Not everything that counts, can be counted

  13. #13
    Charter Member
    us
    Dec 2008
    St. Augustine, FL
    4,076
    1589 times
    Quote Originally Posted by Dozer D View Post
    Same question as coppers, but I'm now going to return to the wild all my 2009-P&D DIMES, except I will keep the very best looking ones BU's to make only a complete roll of each. Should I keep or DUMP them?
    Keep a roll for each mint as it will only cost you $10. But don't expect them to ever be worth anything beyond FV in your lifetime. Get rid of the rest and forget the 2 rolls that you keep for your heirs.
    PetesPockets55 and A2coins like this.

  14. #14
    us
    Feb 2012
    2,869
    2447 times
    Coin roll hunting
    Quote Originally Posted by Dozer D View Post
    Same question as coppers, but I'm now going to return to the wild all my 2009-P&D DIMES, except I will keep the very best looking ones BU's to make only a complete roll of each. Should I keep or DUMP them?
    Should have NO PROBLEM picking out 50 BU's of each, out of about two boxes each.
    PetesPockets55 likes this.

  15. #15
    us
    Jul 2013
    SoCal
    1,154
    316 times
    Garage Sales/ CRH
    I just unloaded roughly ~$3,500 f.v. of copper cents for 1.3x, and some more canadian copper cents for 1.7x. There are buyers out there if you look and work hard enough at it. Best of luck!
    You're never know it all... Keep an open mind and keep learning.

    eBay Store: http://stores.ebay.com/jewelryandwatchoutlet

    ^ Putting myself through college, wish me luck

 

 
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